CBD Commercial Property News

CBD commercial property news, commercial real estate market data, business news and insights.

Ernst & Young considers major Melbourne shift
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Ernst & Young considers major Melbourne shift
Ernst & Young’s Melbourne branch has kicked off a process that could see it shift premises out of its long-time home in Exhibition St in the central business district.
South Koreans close to selling Coca-Cola Place
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South Koreans close to selling Coca-Cola Place
South Korea’s National Pension Service is edging closer to selling two major office towers in North Sydney and Melbourne worth more than $500 million.
Decommissioned Melbourne CBD substation for $6m-plus
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Decommissioned Melbourne CBD substation for $6m-plus
A tiny building wedged between towers in Melbourne’s CBD is causing a big stir, after hitting the market earlier this month.
Charter Hall parts ways with Bank of Queensland HQ for $250m
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Charter Hall parts ways with Bank of Queensland HQ for $250m
The listed Growthpoint Properties Australia has snapped up the Bank of Queensland headquarters building in Brisbane from two Charter Hall funds for $250 million.
Foreign investors circle Brisbane assets
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Foreign investors circle Brisbane assets
The Queensland capital is drawing international investors, with Singapore-based ARA Asset Management and US funds manager Heitman believed to be positioning to carve up the $200 million Quadra Pacific office portfolio.
Hong Kong groups lead race for Sydney’s Chifley Tower
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Hong Kong groups lead race for Sydney’s Chifley Tower
The complex battle for control of Sydney landmark Chifley Tower is coming to a head with heavyweight Hong Kong groups dominating activity, including seeking to buy the property’s freehold that is being offered for more than $100 million.
Pitt Street seventh among world’s most expensive strips
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Pitt Street seventh among world’s most expensive strips
Sydney’s Pitt Street Mall is still one of the most expensive strips to lease retail space in the world, new research shows. The iconic Sydney shopping destination sits alongside – and above – some of …
Brisbane’s former AFP building could become 30-level tower
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Brisbane’s former AFP building could become 30-level tower
It might no longer be a matter of national security, but there’ll be no shortage of interest in a prime Brisbane building that was once the Queensland home of the Australian Federal Police.
Deloitte set to anchor Sydney’s Quay Quarter Tower
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Deloitte set to anchor Sydney’s Quay Quarter Tower
The multi-billion-dollar redevelopment of Sydney’s Circular Quay is ­gathering steam, with AMP ­Capital in pole position to secure ­accounting firm Deloitte as an ­anchor tenant of its proposed $3 billion Quay Quarter Tower.
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